Global crude oil imports have rapidly declined over the past four weeks, and onshore inventories may accelerate depletion.

智通财经2026/09/27 01:36

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Global crude oil imports have declined rapidly over the past four weeks, as the large number of tankers and barrels from the U.S. Strategic Petroleum Reserve following the June memorandum of understanding are no longer available.
Amid strong refinery operations and robust refined oil demand, global onshore crude inventories are expected to decline significantly over the coming weeks.
From a market perspective, reduced imports combined with high refinery operation rates mean the supply buffer is narrowing further. It is important to monitor the pace of inventory drawdowns and the release rhythm of the U.S. Strategic Petroleum Reserve to assess support for oil prices.

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Global crude oil imports have rapidly declined over the past four weeks, and onshore inventories may accelerate depletion.

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